Consumer Spending in the United States increased to 16291.80 USD Billion in the first quarter of 2025 from 16273.20 USD Billion in the fourth quarter of 2024. This dataset provides the latest reported value for - United States Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The global total consumer spending in was forecast to continuously increase between 2024 and 2029 by in total **** trillion U.S. dollars (+***** percent). After the ninth consecutive increasing year, the consumer spending is estimated to reach **** trillion U.S. dollars and therefore a new peak in 2029. Consumer spending here refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.Find more key insights for the total consumer spending in countries like North America and Europe.

Personal Spending in the United States decreased 0.10 percent in May of 2025 over the previous month. This dataset provides the latest reported value for - United States Personal Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Real Personal Consumption Expenditures: Goods (DGDSRX1) from Jan 2007 to May 2025 about PCE, consumption expenditures, consumption, personal, goods, real, and USA.

In 2023, the average consumer unit in the United States spent about 9,985 U.S. dollars on food. Americans spent the most on housing, at 25,436 U.S. dollars, reflecting around one third of annual expenditure. The total average U.S. consumer spending amounted to 77,280 U.S. dollars.

The real per capita cosumer spending ranking is led by Iran with 120,324,699 U.S. dollars, while Vietnam is following with 49,388,580.61 U.S. dollars. In contrast, Zimbabwe is at the bottom of the ranking with 2.87 U.S. dollars, showing a difference of 120,324,696.13 U.S. dollars to Iran. Consumer spending, here depicted per capita, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data has been converted from local currencies to US$ using the average constant exchange rate of the base year 2017. The timelines therefore do not incorporate currency effects. The data is shown in real terms which means that monetary data is valued at constant prices of a given base year (in this case: 2017). To attain constant prices the nominal forecast has been deflated with the projected consumer price index for the respective category.

Collected by the Bureau of Economic Analysis (BEA), personal consumption expenditures (PCE) is the primary measure of consumer spending on goods and services in the United States economy. It accounts for about two-thirds of domestic final spending, and thus it is the primary engine that drives future economic growth. PCE shows how much of the income earned by households is being spent on current consumption as opposed to how much is being saved for future consumption. PCE also provides a comprehensive measure of types of goods and services that are purchased by households. Thus, for example, it shows the portion of spending that is accounted for by discretionary items, such as motor vehicles, or the adjustments that consumers make to changes in prices, such as a sharp run-up in gasoline prices. Further, Personal Consumption Expenditures by Function contain classifications that identify the purposes of objectives for which expenditures are made. In the U.S. National Income and Product Accounts (NIPAs), functional breakdowns of expenditures are provided for PCE by Function. NIPAs are a set of accounts that provides a logical and consistent framework for presenting statistics on U.S. economic activity. See Chapter 2 of the NIPA Handbook for further details regarding PCE by Function and NIPAs. In addition, the PCE by Function features several spending categories of arts-related goods and services, including the following items: Membership clubs, sports centers, parks, theaters, and museums Amusements parks, campgrounds, and related recreational services Admissions to specified spectator amusements, such as motion picture theaters, live entertainment, and spectator sports Museums and libraries Sports and recreational goods and related services Sports and recreational vehicles Magazines, newspapers, books, and stationery Photographic goods and services The PCE estimates are available monthly, so they can provide an early indication of the course of economic activity in the current quarter. For example, the PCE estimates for January are released at the end of February, and the estimates for February are released at the end of March; the advance estimates of gross domestic product (GDP) for the first quarter are released at the end of April. The PCE estimates are an integral part of the NIPAs. Data for PCE by Function are available for years 1929-2014. To view expenditures by function on the BEA Web site, users are encouraged to go to Summary NIPA Tables from the Consumer Spending page. The Summary Tables are located under the Estimates tab. On the Summary NIPA Tables page, users can view the PCE by Function Tables 2.5.3., 2.5.4., 2.5.5., and 2.5.6. under "Section 2 - Personal Income and Outlays." Users can interact with the data and choose the years they wish to view (e.g. 1999-2013). Spreadsheets can be downloaded from the Download NIPA Tables page.

View data of PCE, an index that measures monthly changes in the price of consumer goods and services as a means of analyzing inflation.

In 2023, the lowest 20 percent of income consumer units spent about 41.3 percent of their total expenditure on housing. Consumer units belonging to the highest 20 percent of income spent only 29.2 percent on housing. Additionally, those in the highest income quintile spent 17.7 percent of their total expenditure on personal insurance and pensions, while the lowest 20 percent spent only 2.1 percent.

Graph and download economic data for Real Personal Consumption Expenditures (PCEC96) from Jan 2007 to May 2025 about headline figure, PCE, consumption expenditures, consumption, personal, real, and USA.

In the third quarter of 2024, consumer spending reached over **** trillion U.S. dollars in the United States. In the same quarter of the previous year, consumer spending was around **** trillion U.S. dollars.

Graph and download economic data for Shares of gross domestic product: Personal consumption expenditures (DPCERE1Q156NBEA) from Q1 1947 to Q1 2025 about Shares of GDP, PCE, consumption expenditures, consumption, personal, GDP, and USA.

Consumer Spending in Japan increased to 299720 JPY Billion in the first quarter of 2025 from 299592.10 JPY Billion in the fourth quarter of 2024. This dataset provides - Japan Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, housing required the highest amount of consumer expenditure across all races, with Asian individuals spending the most. Additionally, Asian individuals spent more on personal insurance and pensions, as well as education than any other race.

Consumer Spending in Canada increased to 1398043 CAD Million in the first quarter of 2025 from 1393874 CAD Million in the fourth quarter of 2024. This dataset provides - Canada Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer spending across India amounted to 24.57 trillion rupees by the end of the second quarter of 2024. It reached an all-time high during the fourth quarter of 2023. What is consumer spending? Consumer spending refers to the total money spent on final goods and services by individuals and households in an economy. It is an important metric that directly impacts the GDP of a country. Items that qualify as consumer spending include durable and nondurable goods and services. Various factors such as debt held by consumers, wages, supply and demand, taxes, and government-based economic stimulus can impact consumer spending in a country. Positive consumer outlook in India India’s consumer spending reflects a positive outlook with renewed consumer confidence post-COVID. Its consumer market is set to become one of the largest in the world as the number of middle- to high-income households rises with increasing amounts of disposable incomes. The country’s young demographic is also considered a driving force for increased consumer spending. Consumer electronics such as smartphones, laptops, and gaming consoles were the preferred items among Indian holiday shoppers in 2023.

Between 2022 and 2023, household consumption across the EU grew by only 0.5 percent, which represents an overall increase in consumption compared to the 2021/22. Among the various categories, restaurant and accommodation services experienced one of the most notable shifts during this period, in contrast to spending on household furnishings, which were likely driven by post-pandemic changes in consumer behavior.

Consumer Spending in European Union increased to 1886.80 EUR Billion in the first quarter of 2025 from 1882.42 EUR Billion in the fourth quarter of 2024. This dataset provides - European Union Consumer Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In a survey conducted in 2020, to analyze the changing consumer sentiments concerning the COVID-19 pandemic in India, the respondents showed slight variations across different product categories. Overall, the majority of respondents intended to spend either no money or no more than five thousand rupees for the given product categories.

Graph and download economic data for Visa Spending Momentum Index: Discretionary: United States (VISASMIDSA) from Jan 2014 to Jun 2025 about expenditures, indexes, and USA.